Guinea-Bissau: Fiscal freedom

* indicates monthly or quarterly data series
 Guinea-Bissau

Fiscal freedom index (0-100)

 Latest value 22
 Year 2023
 Measure points
 Data availability 1999 - 2023
 Average 79
 Min - Max 22 - 89
 Source The Heritage Foundation
For that indicator, we provide data for Guinea-Bissau from 1999 to 2023. The average value for Guinea-Bissau during that period was 79 points with a minimum of 22 points in 2023 and a maximum of 89 points in 2010. The latest value from 2023 is 22 points. For comparison, the world average in 2023 based on 174 countries is 55 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Guinea-Bissau - Fiscal freedom - recent values

Historical chart
Guinea-Bissau - Fiscal freedom - historical chart - 1999-2023




The Fiscal Freedom index for Guinea-Bissau from The Heritage Foundation reflects the tax burden imposed by the government, including the direct taxes on individuals and corporations and the overall amount of tax revenue as a a share of GDP.
Definition: The Fiscal freedom index measures the tax burden imposed by government. It is composed of three quantitative factors: the top marginal tax rate on individual income, the top marginal tax rate on corporate income, and the total tax burden as a percentage of GDP.


 Related indicators Latest value Reference Measure
 Property rights 28 2023 points
 Freedom from corruption 19 2023 points
 Fiscal freedom 22 2023 points
 Business freedom 32 2023 points
 Labor freedom 57 2023 points
 Monetary freedom 79.90 2023 points
 Trade freedom 51 2023 points
 Investment freedom 30 2023 points
 Financial freedom 30 2023 points
 Economic freedom, overall index 45 2023 index points
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